夸恩的潜在认罪：Terrausd加密式传奇中的新篇章

Terraform Labs的联合创始人Do Kwon可能会在美国对Terrausd崩溃的认罪。这对露娜和加密的未来意味着什么？

The crypto world is buzzing again about Do Kwon, the Terraform Labs co-founder at the heart of the dramatic TerraUSD (UST) stablecoin collapse. It looks like he might be changing his tune and considering a guilty plea in the U.S. criminal case linked to the $40 billion wipeout of UST back in 2022. Hold onto your hats, folks, because this could get interesting.

加密货币世界再次嗡嗡作响，关于Do Kwon，Terraform Labs的联合创始人是戏剧性Terrausd（UST）Stablecoin崩溃的核心。看来他可能正在改变自己的曲调，并考虑在美国刑事案件中有罪的认罪，该案件与2022年的400亿美元消失有关。

A Possible Plea Deal on the Horizon?

可能的认罪交易即将到来？

Word on the street (or, rather, in court filings) is that Judge Paul A. Engelmayer in New York has scheduled a hearing for August 12, 2025, to see if Kwon will switch his plea. He previously pleaded not guilty to a laundry list of charges, including conspiracy to defraud, securities and commodities fraud, wire fraud, market manipulation, and money laundering. If he pleads guilty, the judge wants Kwon to spill the beans about exactly what he did. Prosecutors and Kwon's lawyers are reportedly hashing out a plea deal, but the details are still under wraps.

街上的消息（或者是在法庭文件中）是，纽约的保罗·A·恩格玛耶（Paul A.他此前曾对指控的洗衣清单不认罪，包括欺诈，证券和商品欺诈，电汇欺诈，市场操纵和洗钱。如果他认罪，法官希望权确切地将豆子洒下来。据报道，检察官和权的律师正在达成认罪协议，但细节仍在结束上。

The Ripple Effect of the TerraUSD Collapse

Terrausd崩溃的连锁反应

Let's not forget what triggered all this legal drama in the first place. The collapse of UST, an algorithmic stablecoin that was supposed to be pegged to the dollar, sent shockwaves through the crypto market. When its link to the LUNA token broke, billions vanished, and it set off a domino effect that brought down other crypto firms, including FTX. It was a crypto winter unlike any other.

首先，让我们不要忘记是什么触发了所有这些法律戏剧。 UST的崩溃是一种算法的稳定性，本来可以固定在美元的上方，通过加密货币市场向冲击波发出了冲击波。当它与Luna代币的链接破裂时，数十亿美元消失了，并引发了多米诺骨牌效应，使其他加密货币公司（包括FTX）降低了。这是一个与众不同的加密冬季。

What Does This Mean for LUNA?

这对露娜意味着什么？

Unsurprisingly, news of Kwon's potential guilty plea has already impacted crypto prices. LUNA and LUNC are both down. LUNA is currently trading around $0.1588, a dip of about 4.59%, with a market cap of $112.76 million. Terra Classic (LUNC) is also feeling the heat, priced at $0.00006067, down 3.77%, and holding a market cap of $334.15 million. The market clearly isn't thrilled with the uncertainty.

毫不奇怪，有关权潜在的有罪认罪的消息已经影响了加密货币的价格。 Luna和Lunc都在下降。 Luna目前的交易约为0.1588美元，下降约4.59％，市值为1.1276亿美元。 Terra Classic（Lunc）也感到热火，价格为0.00006067美元，下跌3.77％，市值为3.341亿美元。市场显然对不确定性并不感到兴奋。

Kwon's Legal Woes Aren't Over Yet

权的法律困境还没有结束

Even if Kwon pleads guilty in the U.S., he's not necessarily off the hook. Both the U.S. and South Korea want to bring criminal charges against him. He's been in U.S. custody since being extradited from Montenegro, where he was caught trying to travel with fake documents. And Terraform Labs, which filed for bankruptcy in January, maintains its innocence.

即使权在美国认罪，他也不一定要脱颖而出。美国和韩国都希望对他提起刑事指控。自从从黑山（Montenegro）引渡以来，他就一直被美国拘留，在那里他被捕试图带着假文件旅行。一月份申请破产的Terraform Labs坚持其无罪。

The MyConstant Connection

myconstant连接

Adding another layer to this saga, Huynh Tran Quang Duy, also known as Duy Huynh, the creator of the now-defunct lending platform MyConstant, has agreed to pay over $10.5 million to settle SEC claims. He allegedly used investor funds to buy millions worth of TerraUSD before it all went south. The SEC claims Huynh used $11.9 million of customer money to buy UST and then lost nearly $8 million when UST crashed. Ouch.

Huynh Tran Quang Duy在这个传奇中添加了另一层，也称为现已灭绝的贷款平台Myconstant的创建者Duy Huynh，已同意支付超过10050万美元以解决SEC SEC索赔。据称，他用投资者资金购买了价值数百万的Terrausd，然后才能向南。 SEC声称，Huynh使用了1,190万美元的客户资金购买UST，然后在UST崩溃时损失了近800万美元。哎哟。

A Parallels to SBF?

与SBF的相似之处？

Some analysts are drawing comparisons between Kwon's situation and that of FTX founder Sam Bankman-Fried (SBF), who is currently serving a 25-year prison sentence. A plea bargain could put Kwon on a similar path, especially given the severity of the charges against him. The collapse of LUNA wiped out over $30 billion in market valuation, and the project has struggled to recover.

一些分析师正在对权的情况和FTX创始人Sam Bankman Fried（SBF）进行比较，后者目前正在服刑25年。辩诉交易可能会使权走上类似的道路，尤其是考虑到对他的指控的严重性。露娜（Luna）的崩溃消除了超过300亿美元的市场估值，该项目一直在努力恢复。

The Memecoin Market Dip

Memecoin市场下跌

It's not just LUNA feeling the pinch. The broader memecoin market is also showing signs of weakness. Platforms like Pump.fun, which were all the rage earlier this year, are seeing a significant drop in revenue and active traders. Total market capitalization for memecoins has dropped, and daily transaction volume has contracted. Are the glory days of memecoins coming to an end?

这不仅是露娜（Luna）感到捏。更广泛的纪念品市场也显示出弱点的迹象。今年早些时候风靡一时的Pump.Fun等平台正在收入和积极交易员的大幅下降。 Memecoins的总市值下降了，每日交易量已签约。模因的辉煌时代即将结束？

Final Thoughts

最后的想法

The Do Kwon saga is far from over, and his potential guilty plea marks a significant turning point. Whether it's a sign of things to come for other crypto figures facing legal scrutiny remains to be seen. One thing is for sure: the crypto world will be watching closely. In the meantime, maybe it's time to diversify your portfolio with something a little less...volatile. Just a thought!

Do Kwon Saga还远远没有结束，他的潜在认罪标志着一个重要的转折点。对于其他法律审查的加密货币人物来说，这是否表明这是事物的迹象，还有待观察。可以肯定的是：加密世界将密切关注。同时，也许是时候让您的投资组合多样化的东西少一些……挥发性。只是一个想法！